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U.S. Senators Tina Smith, Mike Rounds Reintroduce Bipartisan Rural Housing Legislation
WASHINGTON – Today, U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced their bipartisan legislation to improve federal rural housing programs and strengthen the supply of affordable housing in rural America. The legislation would represent the most significant Rural Housing Service reforms in decades . The Rural Housing Service expands housing opportunities by offering loans, grants, and rental assistance to rural communities across the country. Rural parts of the country saw only a 1.7% increase in the number of housing units between 2010 and 2020, with almost half of states seeing a decrease in the number of rural units. According to the Minnesota Housing Partnership, every county in Minnesota has a shortage of affordable and available rental homes for extremely low-income households. 79% of counties have a shortage that exceeds 100 homes, and 31% have a shortage exceeding 500 homes. Additionally, many properties financed by the Rural Housing Service decades ago — which often can be the only affordable housing option for people living in rural communities — are now at risk of being permanently lost. “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Senator Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live.” “Improving homeownership opportunities, particularly in rural areas, is critical
U.S. Senator Tina Smith and U.S. Representatives Budzinski, Nunn and Courtney Introduce Bipartisan Bill to Help New Farmers Gain Access to Land
ST. PAUL — Today, U.S. Senator Tina Smith (D-MN) and Reps. Nikki Budzinski (D-IL), Zach Nunn (R-IA), and Joe Courtney (D-CT) introduced the New Producer Economic Security Act, a bipartisan bill to help bring the next generation into family farming. The bill addresses the issue of Minnesota’s aging farmer and rancher population by giving new farmers and ranchers the tools they need to succeed through grants, financial aid, and training. It ensures that the support goes where it is needed most. “The average age of a producer in the United States is 58, and in Minnesota it’s 57. To keep Minnesota’s agriculture economy thriving, we need to invest in the next generation of farmers,” said Senator Smith. “This is a matter of national security, food security, and the strength and vitality of rural America. This legislation would help remove barriers for new and beginning farmers as they try to start up their businesses.” The bill establishes a pilot program within the Farm Service Agency (FSA) to increase access to land, capital, and markets for new and beginning farmers in Minnesota. The program would help secure the domestic food system and strengthen Minnesota’s farm workforce by giving the next generation of farmers the tools they need to succeed. The bill is a meaningful opportunity to create lasting policy solutions to the out-of-reach opportunities for new and beginning family farms, ultimately jeopardizing our country’s future. “As a young, beginning farmer, I know all too well that the next generation of producers face significant barriers in accessing the land, capital, and markets we need
Sen. Smith Leads Bipartisan Legislation to Safeguard American Food Exports and Protect Farmers
WASHINGTON – U.S. Senators Tina Smith (D-MN), Mike Braun (R-IN), Roger Wicker (R-MS), and Chris Coons (D-DE), introduced bipartisan legislation to protect farmers in the event of animal disease outbreaks. The Safe American Food Exports (SAFE) Act would give the USDA clear authority to preemptively negotiate regionalization agreements for known animal disease threats, ultimately preventing unsafe agriculture exports from getting shipped around the globe and keeping trading markets open for American farmers with disease-free livestock. “I hear from Minnesota farmers all the time about the toll avian flu outbreaks have on families and the economy. Animal disease outbreaks can unnecessarily disrupt trade
Senator Smith, Colleagues Call on Fed to Strengthen Rules for Banks with Assets Over $100 Billion
Washington, D.C. – U.S. Senators Tina Smith (D-Minn.), Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Richard Blumenthal (D-Conn.), Bernie Sanders (I-Vt.), Jack Reed (D-R.I.), Mazie Hirono (D-Hawaii), Ed Markey (D-Mass.), Angus King (I-Maine), Sheldon Whitehouse (D-R.I.), Chris Van Hollen (D-Md.), and Brian Schatz (D-Hawaii) wrote the Vice Chair for Supervision of the Federal Reserve (Fed) Michael Barr, calling on him to exercise the Fed’s authority to apply stronger regulation and supervision to banks with assets totaling $100 to $250 billion. “The fall of both SVB and Signature, the near-crash of First Republic, and the struggles of other regional banks shed new
Klobuchar, Smith Announce Judicial Selection Committee for Vacancy on Federal District Court
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced the formation of a judicial selection committee to assist them in making recommendations to President Biden to fill a vacancy on Minnesota’s federal district court. The vacancy was created by Judge John R. Tunheim’s decision to assume senior status. The selection committee will include Leslie Beiers, Chief Judge of the Minnesota Sixth Judicial District and former Assistant St. Louis County Attorney; Susan Segal, Chief Judge of the Minnesota Court of Appeals; Abou Amara, Associate at Gustafson Gluek PLLC and Vice President of the Minnesota Association of Black Lawyers;
Smith Joins Senate Leaders Urging Biden to Address Our Nation’s Affordable Housing Crisis
WASHINGTON, D.C. — Sen. Tina Smith (D-MN), Chair of the Senate Banking and Housing Subcommittee on Housing, Transportation, and Community Development joined Sen. Sherrod Brown (D-OH) and 15 Senate Committee Chairs in a letter to President Biden requesting that the federal government utilize a “whole-of-government” approach to address our nation’s housing needs. “Our nation’s housing is an essential piece of our infrastructure, but it is a sector that remains in crisis,” wrote the Senators. “With the Bipartisan Infrastructure Law, CHIPS and Science Act, and the Inflation Reduction Act, we took decisive steps to address many of our nation’s infrastructure deficiencies. However, more
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